Zahid says bought bungalows at discount as owner urgently needed money | The Malaysian Insight

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Zahid says bought bungalows at discount as owner urgently needed money

Bagan Datuk MP Ahmad Zahid Hamidi says ounder and chairman of Country Heights Holdings Berhad Lee Kim Yew was having trouble paying income tax, and so needed to sell two Country Heights bungalows quickly and at a discount to him. – The Malaysian Insight file pic, July 7, 2022.

“This offer is from Tan Sri Lee Kim Yew, the owner of Country Heights. He desperately needed the money, which was why he sold it below market price. According to Zahid, Lewis & Co did not wait for the fixed savings account to reach maturity, of either six months or a year, before withdrawing RM5.9 million, because Lee gave a short period of time to make a decision on the purchase of the bungalows.

According to Lee, the cheque was for the payment of sales settlement for two single-storey bungalows belonging to his company, which were sold to Yayasan Al-Falah, of which Nasaee is the chairman of the foundation’s board of trustees.

 

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Didn’t someone in Penang also buy cheap?

dia cekik leher kau ke kau kena wajib beli?

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